National deals round-up

Top contributors in the West Midlands industrial market (lettings and occupational sales) 01/01/23 to 05/05/23

Contributor

Space transacted (sq ft)

Avison Young

295,445

JLL

253,103

Knight Frank

159,147

Darby Keye

108,135

Cushman & Wakefield

100,596

CBRE

50,000

Colliers

36,741

John Truslove

36,253

Bromwich Hardy

30,050

Butters John Bee

22,488

This table is based on deals contributed to EG Radius as of 5 May 2023. For even more up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings.


LEISURE

The Edinburgh Filmhouse, 88 Lothian Road, Edinburgh EH3 9BZ

  • Size: 20,068 sq ft (1,864 sq m)
  • Date of deal: 04/04/2023
  • Price: £2,650,000
  • Vendor: Centre for the Moving Image
  • Vendor’s agent: Savills
  • Purchaser: Caledonian Heritable

INDUSTRIAL

4 North Place, Harlow CM20 2SL

  • Size: 5,117 sq ft (475 sq m)
  • Date of deal: 21/04/2023
  • Rent: £56,250 pa, five-year lease
  • Lessor: Cifco Capital
  • Lessor’s agent: JLL
  • Lessee: Evans Rescue

Block 1, Unit 3, Glasgow Road Trading Estate, Glasgow G72 0NA

  • Size: 923 sq ft (85 sq m)
  • Date of deal: 27/04/2023
  • Rent: £11,029 pa, three-year lease
  • Lessor: Cadzow Properties
  • Lessor’s agent: Colliers International
  • Lessee: XM Cleaning Supplies

Britannia Wharf, Marine Parade, Southampton SO14 5JF

  • Size: 64,033 sq ft (5,949 sq m)
  • Date of deal: 25/04/2023
  • Rent: £180,000 pa, lease for four years and eight months
  • Lessor: H Company 6
  • Lessor’s agent: Realest
  • Lessee: Tarmac Trading

Unit 25, Capitol Trading Park, Kirkby Bank Road, Knowsley L33 7SY

  • Size: 1,436 sq ft (133 sq m)
  • Date of deal: 14/04/2023
  • Rent: £15,000 pa, three-year lease, break in year two
  • Lessor’s agent: LM6
  • Lessee: UK Rail Engineering

Unit J7, Gellihirion Industrial Estate, Pontypridd CF37 5SX

  • Size: 2,366 sq ft (220 sq m)
  • Date of deal: 04/04/2023
  • Rent: £15,400 pa, five-year lease
  • Lessor’s agent: Jenkins Best
  • Lessee: Tetra Tech

OFFICE

Unit 3.2, Cobalt Business Park, Silver Fox Way, Newcastle upon Tyne NE27 0QJ (pictured)

  • Size: 9,907 sq ft (920 sq m)
  • Date of deal: 02/05/2023
  • Rent: £99,070 pa, 10-year lease
  • Lessor: ASM 3 
  • Lessor’s agent: Avison Young 
  • Lessee: SpaMedica

Building 1, 100 Napier Street, Sheffield S11 8HA

  • Size: 7,782 sq ft (723 sq m)
  • Date of deal: 28/04/2023
  • Rent: £112,839 pa, 10-year lease
  • Lessor’s agent: Colloco
  • Lessee: Sheffield Children’s NHS Foundation Trust

43 Tabernacle Street, London EC2A 4AA

  • Size: 1,220 sq ft (113 sq m)
  • Date of deal: 24/03/2023
  • Price: £755,000
  • Vendor’s agent: Stirling Ackroyd
  • Purchaser: HedgerWay

7 Acton Street, Nottingham NG10 1FT

  • Size: 2,928 sq ft (272 sqm)
  • Date of deal: 20/04/2023
  • Rent: £40,000 pa, 10-year lease, six weeks rent free
  • Lessor’s agent: heb Property Consultants
  • Lessee: Advance IT Services

RETAIL

167a Finchley Road, London NW3 6LB

  • Size: 1,897 sq ft (176 sq m)
  • Date of deal: 25/04/2023
  • Rent: £37,500 pa, 10-year lease, upward-only rent review and tenant-only break in year five, three months rent free
  • Lessor’s agent: DMA
  • Lessee: MyHealthcare Clinic
  • Lessee’s agent: Smith Price

To feature in the EG Radius On-Demand Rankings, please call 0845 308 8811

Photo courtesy of Avison Young